Kestra Investment Management LLC increased its stake in shares of VanEck Long Muni ETF (BATS:MLN – Free Report) by 2.5% in the third quarter, HoldingsChannel reports. The firm owned 4,066,545 shares of the company’s stock after buying an additional 98,547 shares during the quarter. VanEck Long Muni ETF makes up approximately 1.3% of Kestra Investment Management LLC’s holdings, making the stock its 22nd biggest holding. Kestra Investment Management LLC owned 0.09% of VanEck Long Muni ETF worth $66,386,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in VanEck Long Muni ETF in the 3rd quarter valued at about $25,000. Western Wealth Management LLC purchased a new position in VanEck Long Muni ETF in the 1st quarter valued at about $31,000. Glen Eagle Advisors LLC acquired a new stake in shares of VanEck Long Muni ETF during the 1st quarter worth about $91,000. Latitude Advisors LLC acquired a new stake in shares of VanEck Long Muni ETF during the 3rd quarter worth about $98,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of VanEck Long Muni ETF by 104.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,320 shares of the company’s stock worth $103,000 after purchasing an additional 3,233 shares during the last quarter.
VanEck Long Muni ETF Trading Up 0.1%
Shares of BATS MLN opened at $17.08 on Tuesday. VanEck Long Muni ETF has a 12 month low of $16.04 and a 12 month high of $17.82. The company has a 50-day simple moving average of $16.65 and a 200-day simple moving average of $17.33.
VanEck Long Muni ETF Company Profile
The VanEck Long Muni ETF (MLN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of at least 17 years. MLN was launched on Jan 2, 2008 and is managed by VanEck.
Featured Stories
- Five stocks we like better than VanEck Long Muni ETF
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Want to see what other hedge funds are holding MLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Long Muni ETF (BATS:MLN – Free Report).
Receive News & Ratings for VanEck Long Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Long Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.
